Legal questions on Business Law

Directors dispute.

Me and my father are directors of a pvt ltd company holding 51.5% of shares. There are other two directors holding 48.5 % shares divided into their family members and friends of 8 no of shareholders. Due to crisis in business and dispute our became npa and thereafter we made an legal agreement of settlement as 2/3 outstanding payment ro bank will be done by me and my father and the remaining wi...

Is the dealership transferable?

I come from a state of matrilineal society. Sons do not have a claim over family property, even the self acquired property during his bachelorship. Property always belongs to the mother of the house. In this instant case my late father was an agent of a retail dealer in petroleum products and my father set up the retail outlet in his land. My father before he expired made a deed of partnership ...

Unfair Educational/Service Practices by US Agency

Dear Sir, As a PG Student based out of Noida Can i get your valuable advice on the following case. 1. There is a US based non profit Organization offering several Certificate course worldwide across several countries since for last several years. 2. Therefore large number of Indian also goes through these certification Programme every year. 3. As per rough estimate/ data available for last...

Full and final salary

Dear sir I have been working in retail and it's a since 9month. Before a month whether happy with performance or some internal politics I was taken out by my senior sudden death by doing audit. I have a shortage of 12k so which I was responsible. But I told them to deduct my shortage percentage and please enjoy your do my full and final because I'm only source of income of my family and I have ...

Advance payment

Dear All, I am working in a small scale industry as a purchase dept head. Last month we have been paid Rs. 3.3 laks ( 40 %) by cheque against proforma invoice to our vendor for supplying wire mesh pallets. 5 days after they raised query about surity of their remain 60% payment after supply,since they already agreed for 30 days. But suddenly he demand us to pay entire amount to him ,as he sai...

Legal advice for solicting my Employees by my ex- employee

I have entered below non Solicitation clause with my employee when my employee joined the company. Now after resignation from my company, the employee has opened a business similar to my Company, but not with my customers. The business is registered as corporate and the Directors are my employees family members and not himself. My employee is a employee in such company. The employee is soli...

ICICI Bank Personal Loan - Pre-Closing!!!

Hi, I have taken a Personal Loan from ICICI Bank Hyderabad - Details are as below - Date of Loan Execution: 1st April 2016. Principal Amount of the Facility: Rs. 11,00,000.00 Tenure: 60 Months Rate of Interest: 12.99% Product Type: Personal Loan 1st Installment Date: 5th May 2016 Installment Amount: Rs. 25,023.00 Principal Outstanding as of 6th June 2017: Rs. 9,02,893.50 When...

Breach of Terms and Trust by a Pvt. Ltd. Company in Mumbai

I am a 42 year old unmarried female working as a freelance recruiter working from home. I work on small scale basis catering recruitment (Placement) service to few clients. My case is related to one of my Mumbai based client name Mr. Aftab Moon, Director of "Interex Arch Designs Pvt Ltd" situated at 658,Kailash Nagar, Office No 3, Opp. Bhatia Hospital, Tardeo Road, Mumbai. Contact No Office No...

My smartphone delivered in wrong address by xiaomi india

Redmi 3S prime Price-Rs 8,999 Order date 18jan2017 Received date23jan2017 My mom is suffering from sugger and BP. When she take tension. I am feeling not responsible. We are middle class family we first time buyed a 9000 rupee smartphone. 1).Due to some serious networks issue I complaint to repair my phone on 14 feb2017 (after 20 days). 2).They suggest me to visit mi authorised Service c...

Person give me mentally pressure for exachang my mobile

Sir. I am medical student in russia bt at that time i am in india for my vecation i will exchange my htc one m9+ (rs.40000) with LG v10(rs.27000) from olx online selling site both mobile's worranty are over i was meet the buyer of my mobile 3 times he show mobile properly. Than. I was say show mobile properly than if you are intrsted to exchange than we will exchange this i am not say forcefull...

How to break Partnership

DEAR SIR, I was in Job and went in to verbal partnership in December 2014. My partner is "financial partner" and he gave me 40 k per month up to February 2016 but he raised form 16 also which is applicable in IT for employees. I am "working partner" but could not be able to touch break-even so far and therefore Money given by my partner is now to liability on me. ( App 7-8 lacs after deducti...

Change the current Proprietor of a company

My parents in India are facing problem related to their company they established 30 years ago, which their daughter in law after my brother's untimely death is trying to take over. Last year in December due to my brother's unexpected death at a young age, my father made a wrong decision to transfer proprietorship in her name with a good intention and her fake pretense. But unfortunately it rebo...

Online business

Hi, I would like to give you a outline of my business before we talk, For example consider below for the explinations Engineers as : Plumbers, Carpenters or Electricians Users : Customers or end users Business problem : As we know that, Now a days users are facing lots of problems in maintaining there house , these can be multiple areas like plumbing , electrical, carpente...

Cancellation of Permanent Appointment to temporary

I am an employee of a Central University. I have been selected through a General Selection Committee for the post of Assistant Professor on a Plan post, to be placed on probation for a period of one year from the date I join my duty. I joined my duty as an Assistant Professor on probation 11 months back. Now, I have received a office order which states that my appointment as Assistant Profess...

Online Shopping at Amazon.in/ Seller Full fill order/

I purchased a product at online shopping site Amazon.in. This is Prepaid Order at Amazon. In. But order is delivery failure. Order shipped through India Post. But Delivery failure at customers home. I already request for Refund intited to seller through Amazon. in. As customer not recieved the product so customer has full right for getting refund. But after more request seller not initiated...

Cancellation of franchise from an NGO

We took franchise from Industrial Development Trust of India (An NGO which is claiming to be registered with Govt of West Bengal) for business of potato & paid them a security deposit of Rs250000/-. The agreement paper they have provided on a stamp paper is rubber stamped but not signed by any trustee till now. Just before starting the business we came to know regarding Mr Subrata Adhikary (pre...

PIP served during Pregnancy

I have been working in Sales profile as a Counselor with this company at Jaipur, the company profile is that it prepare students for study abroad . I am 5 months pregnant currently, the same information was shared by me with my Reigonal Head when I was 2 months pregnant. We had a meeting this week, prior to this meeting I have sent a mail to the HR and Reigonal head that i shall be taking my ...

Company assignment overseas compensation greviances

I have been sent to Italy by my company on assignment and was promised Euro 2297 per month for expenses plus company paid rental car and furnished accomodation over and above my existing salary in India. The contract also states that any additional taxes due to the assignment as compared to my tax situation had I remained in India shall be borne by the company. After coming here I am told that ...

Non-payments

Dear Sir, My all family stay abroad. 3 months ago I had an agreement with my friend to sell our car for 7 lakhs (INR). It was on urgent basis as we were completely moving abroad. He handover 3 cheques of RS 250000/-, RS 300000/- & RS 150000/- which he said can be used after 15 days. I handovered the car and all related documents along with transfer papers. As per his instructions when I depo...

Share Tranfer

Dear Sir, My Name is Ganesh Mallya. , 45 years from Perdoor, udupi District, Karnataka. My Father was a share holder in a SK Gold smith cooperative society , Mangalore. My father was died on 25th dec 2016. He already nominated me for the share. When I requested the Society to transfer the share in my name, they are saying they are returning the share amount. The share value is Rs 50.000. Previ...